China to lift 13 year console Ban inminently

China is looking to finally get with the times, and is making moves to end the 13 year ban on the sale of video game consoles in the country. The idea is to make the Chinese economy more competitive internationally, and increase use of their currency worldwide. The South China Morning Post reports that the reversal of the ban could be imminent, and the move is supported by powerful figures like Premier Li Keqiang.

In the end, however, its hard to see how this isnt a huge boon for the video game industry. Yes, it will be tough to work around Chinas government and endless sea of pirates, but its certainly better than the outright ban which has existed in the country for well over a decade now. This could very well change the course of the industry, depending on how the big three and their upstart competitors react to it.